According to this analysis, ALGO may create a head and shoulder pattern then breakout the 0.78 resistance
If it touch the 0.72 line or goes more dip and then pull back to 0.73-0.735 then take your position for possible head and shoulder pattern and watch the 0.78 mark as it can start again falling from there too
First target should be 0.78
Second target should be 0.85(if breaks the 0.78 level)
NOT A FINANCIAL ADVICE, ALWAYS DO YOUR OWN RESEARCH
If it touch the 0.72 line or goes more dip and then pull back to 0.73-0.735 then take your position for possible head and shoulder pattern and watch the 0.78 mark as it can start again falling from there too
First target should be 0.78
Second target should be 0.85(if breaks the 0.78 level)
NOT A FINANCIAL ADVICE, ALWAYS DO YOUR OWN RESEARCH
Trade closed: target reached:
YESSSS 16.39% profit!!
